GTEC has Holdings across the Cannabis sector

GTEC Holdings is a company that came onto our radar a little while ago when they were raising Pre-IPO funds for their company .

They recently completed that non-brokered Private Placement financing for ~$11.5M for ~19M shares (@ $0.60 with a 1/2 warrant at $1.20 expiring in 3 years). Proceeds will go towards closing previously announced LOI’s and funding various construction projects.

History

Roadmap

Management

The company was formed in early 2017 and formed by the team behind Doventi Capital. The Management team has a solid track records of building successful cannabis companies and listing public companies.

They have brought in a solid advisory team, with Paul Rosen (Co-Founder of MJN.V) and Dan Kriznic (CEO of IMH).

GTEC has also built out an experienced operations team to manage all of their cannabis holdings day to day operations.

Their Website and Presentation Deck go into further details on the company. No date is announced for going public but based on the slide deck it is expected to be CSE listed under the Ticker GTEC sometime in January (possibly February).